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Global upstream oil supply summary August 2016

Report summary

The oil supply summary monthly report provides analysis on short-term global oil supply through 2017. The written document is accompanied by a related excel data download.

World liquids supply is estimated to have risen by 0.4 million b/d to 96.4 million b/d in July 2016 compared with June 2016. Key factors include increased production in Canada and Norway, which have been partially offset by lower supply from China, US Lower 48, Libya and Venezuela.

What's included?

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream supply issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream supply report is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

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Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.

Having Wood Mac analysis is table-stakes. Others are nice to have.

Analyst Metal Mining Producer

Wood Mac has the highest quality data and is demanded by our staff.

Portfolio Manager Integrated Oil Company

Others can provide data but we value the quality of the Wood Mac analysis above other sources.

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Country report | Sep 2016

Global upstream oil supply summary August 2016

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